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Sunday, November 29th, 2009

The Commodities Exchange: When Did Babysitting Hit A Premium?

July 9, 2008 by Bridget Wright  
Filed under Business

Being a work at home mom, I occasionally have need of babysitting services. Especially like this upcoming weekend, my husband will be out of town and won’t be here with the children. I have to attend a Toastmaster’s Officer’s training session that will last the better part of Saturday. I’ll be away from my little ones for about six hours, and ever since my four year old tried to shave with daddy’s razor that time, I figure I’d better not leave him there, alone. OK, I’m kidding. The other kids could watch him, but still.

Nah, I think I’d better get a babysitter.

thatskyle5.jpg
[Image Source: My Personal Photos]


So, I started making my calls to my tried and true sitters, only to discover that their social lives are busier than mine. They’re all:

a)at the beach,
b) at the lake, or
c) at some body of water in a skimpy swimsuit and do not want to come back here to babysit my brood.

Oh well. I continued to look.

While I was at the gym this morning working out, I noticed a sign on the wall advertising babysitting services! Yay! And, to make it even better, she was the owner’s daughter, so I can say I kind of “know” them, so all should be well. The thing is is that although she is an official “babysitter” you know with the American Red Cross training and all, but her rate was $8 an hour. $8 an hour??!! What…

She’s 14 years old, she doesn’t drive, she’s only 3 years older than my oldest child and she’s 14 years old. Wait, oh I said that already. Anyway, it just seems to me that $8 an hour is a bit steep for a 14 year old, who doesn’t drive and has NO bills.

I don’t know. Maybe it’s just me, but it seems like just yesterday I was babysitting in high school, in high demand and commanding $5 an hour myself. And at 18 years old, (ok, I know that was a long time ago) I was pretty glad to get it, let me tell ya. But now-a-days (my age showing again, huh?) kids are working and asking for a whole lot more than what we used to get.

The more I thought about it, the more I realized that babysitting is no longer just a time-passer for teens these days. It’s a business for them. It’s how they shop at The Gap, Abercrombie & Fitch and do the movies and pizza scene on the weekends. But the rates are what I attribute to good old mom and dad.

See I figure these parents are encouraging their kids to charge these exorbitant amounts of money because THEY KNOW THEY CAN. With babysitter’s being so scarce and at a premium, moms (and sometimes dads) know that if you’ll pay that, their child can actually do pretty good working for you. And at 14, you can’t convince me that the girl has enough business sense to even ask for that kind of money. Did I mention that the babysitter’s only 14?

Babysitting is a premium gig, if you ask me. I’ve actually thought about it a time or two, but decided against it since I only like my own kids. But as a business, it’s wow. At 14, a young girl with a babysitting business charging those rates can do pret-ty good for herself. I’m amazed because from what I understand, she does get business and people are paying that rate. When my daughter comes of age to babysit, I actually thought about having her start off at a modest $5 per hour. But after seeing what the market will bear, heck, I think if she charged a cool $10, she could buy her clothes from Abercrombie & Fitch, The Gap and throw in a little Ann Taylor for mom. Yep, that should work.

So needless to say, I’m back to searching for a babysitter for this weekend. I just hope I can find one for a reasonable rate, or, at least one that can drive to my house if the rate is going to be that high. Geez! I mean, come on. Pay you $8, and come to your house to pick you up? Get real!

In the meantime, maybe I’ll get Kyle his own razor so he won’t bother dad’s and my other kids can just supervise him. Think that’ll work? Probably not, huh? Well, if you know of any good, cheap babysitter’s, do send them my way. I’m willing to pay $5 bucks, provide a well-stocked junk food pantry complete with Cokes, potato chips and s’mores and three absolutely beautiful children who are just a joy to babysit…

OK, I’ll pay them $6 bucks, just get somebody here, alright?

_____________________________________

How much do you pay for your sitter’s? Does it depend on the area of the country or does it average about the same everywhere?

Would you pay $8 for a sitter? Did I mention that she was only 14?

Check out this interview of a daycare owner over at Home Biz Notes. Think she could help me out this weekend?
_____________________________________

Enter to win an iPod Shufffle! Deadline, 11:59 p.m. ET on July 13, 2008.

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Comments

12 Responses to “The Commodities Exchange: When Did Babysitting Hit A Premium?”
  1. Miranda says:

    Here in the happy land of Utah, most that I’ve found charge between $1.50 and $2 per kid per hour. It’s what happens when the average family size has 3-4 kids. And you could get stuck watching 5-6 kids.

    But my husband and I feel bad about that, since we have only one child ($2 an hour doesn’t seem fair). So we usually just pay $5 an hour.

  2. Darcie says:

    For $8 an hour, you should keep your house messy for a week, then make her clean it too.

  3. Erin says:

    When I was babysitting I charged $4 for the first hour and $2 for every hour after that and some of the parents grumbled a little but their kids loved me so they paid it! $8 is more than some people get paid at a retail job! Wow, I guess my husband and I have to start saving for babysitters! ;)

  4. Julie N says:

    All I can say is thank God my daughter is 14 and I don’t have to pay…well…I guess it depends on the way you look at it. She does try to negotiate with me…that’s about the time I remind her she has a roof over head, food to eat and oh yeah clothes to wear! :) Good luck finding a babysitter!

  5. Kristen King says:

    When I was in college, I got $10/hour. I also drove, cooked meals when I was there, straightened up the house, and helped with homework. I started out at $2/hour in 1994-ish. In high school I think I averaged about $5/hour but some people paid as much as $7/hour and that worked for me! One client, who was apparently very well off, gave me a $100 bonus for Christmas one year and I just about fell down. Another used to order me clothes from the Delia’s catalog after her daughter and I looked through it together and I pointed out some stuff I liked. It always shocked me (a) how much people would pay and (b) how generous some folks were.

  6. Kaarin says:

    $8.00 = Completely reasonable

    Here are prices according to Money Magazine:

    Austin, Texas
    baby sitter age 18 or older $12 per hour
    baby sitter age 14 to 18 – $7 per hour

    Minneapolis, Minn
    baby sitter age 18 or older $10 per hour
    baby sitter age 14 to 18 $6.00 per hour

    New York City
    baby sitter age 18 or older $13 per hour
    baby sitter age 14 to 18 $8 per hour

    Santa Monica, Calif
    baby sitter age 18 or older $12 per hour
    baby sitter age 14 to 18 $7 per hour

    I think it is wonderful that girls are treating this as a business. Isn’t that what this blog is all about? Empowering women in business?

  7. Aja Nicole says:

    I am sorry to break this but I started babysitting a t 9 yrs old for $5. I am 25 now. When I hit 11 I charged $8 an hr and I worked for the same family 3-4 nights out of the week. I did not clean, but I didn’t end up watching about 4 “extra” kids because everyone would play at my families house. However, I always showed up to the house myself. She should find transportation. I am in Chicagoland though, if that matters.

  8. Kristen King says:

    @Kaarin, GREAT resource. :) Thanks for that!

    @Aja, I’m shocked that you were babysitting at ages 9 and 11. Being a mother’s helper at that age is cool, but I’m pretty sure the minimum legal age to babysit is 12. That’s not your fault of course, but I still find it shocking that a parent would leave their children in the care of a 9-year-old child — and pay that 9-year-old $5/hour. Blows my mind.

  9. Lindsay says:

    It costs $20/hour for a *dog walker* in Seattle. Be happy you live somewhere sitting is so affordable. ;)

  10. Miko says:

    It is interesting to finally have the opportunity to peek inside the world of babysitting. Thanks for the insight.

  11. Kristen King says:

    @Lindsay, note to self: take up dog walking. ;)

  12. Treece says:

    $8.00 is pretty reasonable around here in CT. My two daughters left one night after dinner and both were home by 10:00, babysitting for two kids each. They came home with a combined $110. One daughter told me the two angels went to bed at 8:00 without a fuss. No cooking. No cleaning. My youngest wanted a Wii and earned $300 in about a week pet sitting & babysitting.

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